Retail Minded

MARCH 20, 2025

Theft and Organized Retail Crime Retail theft continues to be a significant issue with significant shrinkage in inventory. The loss, due to the shrinkage, reached $142 billion in 2023, a 25% increase from the previous year. They must include regular inspections, hazard mitigation training, and compliance with local building codes.

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

MAY 31, 2022

There are an almost infinite number of answers, but the long and the short of it is that 5G will enable merchants to perform intricate digital tasks faster and on a much larger scale. “5G This often goes hand-in-hand with cloud computing (data processing that happens in the cloud as opposed to servers on site). “5G

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

Retail TouchPoints

NOVEMBER 23, 2022

Mention the words retail and video in the same sentence to any merchant and right away they think security cams, grainy low-res images and theft prevention. Video just might be one of the killer apps that help merchants adapt to the seismic shifts shaking up retail. Rewiring Retail. Video isn’t Exclusive to the Big Box.

Merchant Services 290

Merchant Services Shrinkage Store Layout Customer Experience 290

Retail Times

MARCH 30, 2021

Many causes of stockouts can be prevented by taking steps to better understand your business and products, and by refining your store’s processes. Such discrepancies can lead to merchants mistakenly thinking that they have an item in stock when they don’t, so they end up re-ordering the wrong products or quantities. Learn More.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98